Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Net revenue $ 202,475 [1] $ 274,773 [1] $ 274,268 [1]
Cost of goods sold 86,371 [1] 157,912 [1] 138,438 [1]
Gross profit 116,104 [1] 116,861 [1] 135,830 [1]
Expenses:      
Selling and operating 102,867 [1] 110,008 [1] 117,152 [1]
Corporate, general and administration 10,980 [1] 13,291 [1] 12,534 [1]
Acquisition-related costs 1,667 [1] 2,393 [1]  
Other general expense   22,456 [1]  
Total expenses 115,514 [1] 148,148 [1] 129,686 [1]
Income (loss) from operations 590 [1] (31,287) [1] 6,144 [1]
Interest and other income (expense) (432) [1] (90) [1] 1,291 [1]
Loss from equity method investment (18,410) [1]    
Loss from deconsolidation of subsidiary   (4,550) [1]  
Income (loss) before income taxes and noncontrolling interest (18,252) [1] (35,927) [1] 7,435 [1]
Income tax expense (benefit) (5,675) [1] (10,657) [1] 2,366 [1]
Net income (loss) (12,577) [1] (25,270) [1] 5,069 [1]
Net (income) loss attributable to noncontrolling interest (305) [1] 398 [1] (794) [1]
Net income (loss) attributable to Gaiam, Inc. $ (12,882) [1] $ (24,872) [1] $ 4,275 [1]
Net income (loss) per share attributable to Gaiam, Inc. common shareholders:      
Basic $ (0.57) [1] $ (1.08) [1] $ 0.18 [1]
Diluted $ (0.57) [1] $ (1.08) [1] $ 0.18 [1]
Weighted average shares outstanding:      
Basic 22,703 [1] 23,126 [1] 23,226 [1]
Diluted 22,703 [1] 23,126 [1] 23,383 [1]
[1] RSOL was deconsolidated and accounted for as an equity method investment effective December 31, 2011. Consequently, RSOL is reported as an equity method investment for the year ended December 31, 2012 and as a consolidated subsidiary for the years ended December 31, 2011 and 2010.